Sustainability

Sustainability

Driest Year So Far Since 1901

Only 207 mm of precipitation fell on average nationally by the end of July, making it the driest first seven...

Sustainability

Nearly 40% of Companies Performed Energy-saving Developments

Some 39% of domestic companies have carried out energy-saving development in the last 3 years, according to GKI Economic Research....

Sustainability

Lake Velence Water Level Reaches Record Low

While the water level of Lake Velence had already reached a record low of 61 cm on August 2, according...

Sustainability

Hungary Ranked 13th in KPMG Net Zero Readiness Index

Of the 32 countries featured, Hungary was placed just behind Spain and just ahead of the United States. Poland, the...

Sustainability

Europa Capital, ConvergenCE 1st to commit to WiredScore certification in Hungary

WiredScore, a global certification for technology in real estate, has launched its WiredScore and SmartScore certifications in Hungary. WiredScore already...

Sustainability

GKI: Larger companies more sustainable than smaller

Large companies pay more attention to sustainability than smaller ones, but differences in environmental awareness can also be seen based...

Sustainability

EU Targets Climate Neutrality With Carbon Duty

By last summer, the European Commission presented the Fit for 55 climate action package, the main objective of which is...

Sustainability

New Definition of ESG Adapted to Hungarian Conditions

There has been no centralized guideline for ESG criteria that everybody accepts and can adopt. Therefore, a clear definition and...

Sustainability

Prof Mark Maslin: ‘It’s a life-and-death fight to save the Earth’

Members of the Business Council for Sustainable Development in Hungary were given a no punches pulled assessment of the environmental...

Sustainability

Educating Through Better Sustainability, Quality and Technology

You might not expect education to be a theme that crops up often in conversation with a leading real estate...

Sustainability

ESG and Sustainability Central to the Full Life-process of a Development Project

The concepts of ESG and sustainability are increasingly a central issue with regard to tenant specification and staff requirements in...

Sustainability

Corvin Plaza, Kaposvár Plaza receive accessibility certificate

Corvin Plaza and Kaposvár Plaza, both part of Indotek Group's retail portfolio, have received accessibility certification from Access4you....

Sustainability

MNB adds HUF 100 bln to Green Home Program allocation

The Monetary Council of the National Bank of Hungary (MNB) on Tuesday decided to raise the allocation for the central...

Sustainability

Property Sustainability Integrating Into Wider Regularity Systems

With the perceived growing need for third-party accountability, commercial property sustainability accreditation systems are already being designed for various project...

Sustainability

Borrowers sign contracts for HUF 125 bln of Green Home Program loans

Borrowers have signed close to 4,000 contracts for HUF 125 billion of loans in the framework of the Green Home...

Sustainability

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Sustainability

Westend Shopping Center Wins Green Investment of the Year Award

One of the leading Budapest malls, Westend Shopping Center, operated by Gránit Pólus Group, has won the “Green Investment of...

Sustainability

ESG Elements Central to Investment and Financing

Analysts say a sustainable recovery in the investment markets is underway, although investors are more selective in how they allocate...

Sustainability

Accreditation Systems Face More Complex Demands

Developers and asset owners in the region see a growing need for higher-level third-party sustainability accreditations such as BREEAM, LEED,...

Sustainability

The Business Case for Building Less, and Managing Better

Tibor Karsai, managing director of Rustler Kft., explains how coordinated design, investment and property operations can make circular strategies commercially...

Sustainability

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....

Sustainability

Summer Heatwave Underscores Need for Urban Responsibility

Real estate sustainability is a top-down mindset: if a landlord’s leadership doesn’t walk the walk, employees won’t, and neither will...

Industrial, Sustainability

Demand for Prime Sustainable Industrial Space Remains High

The Central and Eastern European industrial and logistics markets are seen as an attractive development and investment option, with leading...

Sustainability

Allee Achieves Leading Sustainability Performance Among CEE Retail Properties

Allee Shopping Center has achieved a 5-star rating from the internationally recognized GRESB (Global Real Estate Sustainability Benchmark) system, ranking...

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Westend Shopping Center Wins Green Investment of the Year Award

One of the leading Budapest malls, Westend Shopping Center, operated by Gránit Pólus Group, has won the “Green Investment of...

ESG Elements Central to Investment and Financing

Analysts say a sustainable recovery in the investment markets is underway, although investors are more selective in how they allocate...

Accreditation Systems Face More Complex Demands

Developers and asset owners in the region see a growing need for higher-level third-party sustainability accreditations such as BREEAM, LEED,...

The Business Case for Building Less, and Managing Better

Tibor Karsai, managing director of Rustler Kft., explains how coordinated design, investment and property operations can make circular strategies commercially...

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....

Interior ESG Elements now Central to the Real Estate Industry

ESG interior elements related to building use trends, design, layout, amenities, and property and facility management are now seen as...

Summer Heatwave Underscores Need for Urban Responsibility

Real estate sustainability is a top-down mindset: if a landlord’s leadership doesn’t walk the walk, employees won’t, and neither will...

Cordia Starts Construction of 360° Residential Project

Cordia, part of Hungary’s Futureal Group, is expanding in Spain with the official start of construction of 360° by Cordia,...

Demand for Prime Sustainable Industrial Space Remains High

The Central and Eastern European industrial and logistics markets are seen as an attractive development and investment option, with leading...

ESG Compliance Driving Investment

A sentiment report published by SIOR (Society of Industrial and Office Realtors) Europe and the University of the Built Environment...

Lurdy Ház Earns BREEAM In-Use ‘Very Good’ Certification

Lurdy Ház in Budapest has now obtained the BREEAM In-Use “Very Good” certification, confirming the complex’s energy-efficient operation and environmentally...

Allee Achieves Leading Sustainability Performance Among CEE Retail Properties

Allee Shopping Center has achieved a 5-star rating from the internationally recognized GRESB (Global Real Estate Sustainability Benchmark) system, ranking...

Sustainability Pays: International Green Building Week Opens in Hungary

Hungary has joined a growing number of countries participating in International Green Building Week, a global initiative led by the...

ESG Elements Crucial to Sourcing Finance

Commercial lenders have become increasingly influential in shaping ESG practices in the Central European real estate sector, particularly through the...